[lehmannro]

He doesn't: It's too bad you don't have any income, because if you did, you could write off all kinds of startup expenses as a business expense. (emphasis added)

[benmccann]

Can't you carry forward losses into future years?

[patio11]

If you can demonstrate that your business is in fact a business and not a hobby. This isn't too difficult if it is, in fact, a business: you prove it was conducted in a businesslike fashion (or just make a profit on it next year).

[cullenking]

Doh! I feel stupid now, I was keying off the last sentence. Thanks for stepping down to my current mental level :)